Vietnam Prosperity Bank (VPBank) announced its ambitious profit target for 2026 in a resolution on 4/2, aiming for earnings exceeding 41 trillion VND. This makes VPBank the first bank in the industry to project profits over 40 trillion VND for the current year.

To achieve its 2026 target, VPBank's leadership has distributed specific goals across its member units. The parent bank anticipates a 30% increase in profit. VPBankS and OPES are projected to boost their profits by over 40%, and FE Credit aims to double its previous year's earnings.

VPBank plans to increase its credit outstanding by 34% and mobilize over 1 quadrillion VND in customer deposits. These strategic initiatives are expected to enhance the bank's net interest income, crucial for meeting its annual profit objectives.

This ambitious target follows a stellar performance in 2025, when VPBank recorded a pre-tax profit of 30,624 billion VND. This figure represented a 53% increase compared to 2024, marking a record profit for the bank and securing its position as the 6th highest earner in the industry.

An explanation submitted to the Ho Chi Minh City Stock Exchange highlighted that the strong performance was not solely due to the parent bank but also significant contributions from its member units. Notably, GPBank, which VPBank compulsorily acquired in early 2025, reported over 500 billion VND in pre-tax profit.

VPBankS, the sole securities company within the VPBank ecosystem, notably quadrupled its profit from 2024. Furthermore, OPES and FE Credit each contributed significantly, posting profits exceeding 600 billion VND in 2025.

As of 31/12/2025, VPBank's total assets reached 1.26 quadrillion VND, marking a 36% increase over the year. The bank extended nearly 944 trillion VND in loans to customers, while its consolidated non-performing loan (NPL) ratio, as per Circular 31, successfully decreased to below 3%.

Trong Hieu